Vince Hoehn of CENTURY 21 Pierce Realty LLC, Manitowish Waters, WI

Today a organization that I belong to, the National Organization of REALTORS (NAR), had to do a little back-pedaling on home sale statistics as reported for the last four years.  The NAR has been criticized at times for being too much of a housing market cheerleader, and perhaps the criticism has some justification.  From 2007 through ...

  Today the sale of my listing of 324 Point O' Pines, right here in Manitowish Waters, closed.  Sale price was 100% of list, or $329,900.  I believe that it is the first listing of a Manitowish chain property to sell this year, which means so far the score for listing agents is Vince Hoehn 1, everybody else 0.  Days ...

The headline a few days ago was that 13% of US homes are vacant, up from 12.1% in 2007 (from the US Census Bureau.  Wisconsin is at 13.1%, up from 10.2% in 2000.)  Excel spreadsheet with data on all 50 states  What made it a headline is the concern that an increase in vacancy rates translates into increased downward pressure on home ...

Yesterday I posted a line chart graphing 4th quarters closings in units by year of single family homes throughout the Greater Northwoods Multiple Listing Service.  Today I am restricitng the geograhical area to the area that I generally work -- the towns of Manitowish Waters, Presque Isle, Winchester, Mercer, Boulder Junction, Lac ...

This took me a little by surprise -- using data from the Greater Northwoods Multiple Listing Service database, I charted closings of single family residential homes throughout the entire MLS for October, November, and December 2006 -2010.  I created a similar chart a year ago and used it as supporting evidence for my predictions for ...

It seems as if everyday I hear the question "How's the real estate market?"   It is as sure to come up as a topic of conversation as is the weather.  My answer varies somewhat from questioner to questioner, but some aspects of my response are more consistent.  One item I consistently ...

In January I compiled, graphed,and posted 4th quarter aggregate real estate sales statistics for Manitowish Waters, Mercer, Presque Isle, Winchester, Lac du Flambeau, Boulder Junction, Oma and Sherman.  Today I am compiling 1st quarter sales statistics for those same communities for the years 2001 - 2010.  The data comes from the ...

As graphical representation of data for a post on my Northwoods real estate outlook for 2010 earlier this month, I charted 4th quarter closings of the sale of single family homes in the years 2006-2009.  This chart represented closings throughout the entire Greater Northwoods Multiple Listing Service.  If one attempts ...

It's time to make some predictions about how the real estate market will fare in Wisconsin's Northwoods in 2010.  My crystal ball is just as murky as the ones belonging to all the other prognosticators, and my forecasts may be worth only what you are paying for it, but here goes:Even though mortgage rates have trended down ...

Tuesday the sale of this home on Island Lake right here in Manitowish Waters closed.  It originally went on the market back in 2005 with a list price of $1.8M.  Four bedrooms, four baths, and 450 feet of sand frontage.  A nice property, to be sure. The last four years the property has been marketed by several brokers ...